NSE Annual Reports, Balance Sheet and Financials

NSE (National Stock Exchange Of India Limited) Balance Sheet (Rs. In Crores)

NSE (National Stock Exchange Of India Limited) Profit & Loss Statement (Rs. In Crores)

NSE (National Stock Exchange Of India Limited) Consolidated Cash Flow Statement (Rs. In Crores)

Let 's break down the Cash Flow Statement for the years 2023 and 2022, activity-wise:

The provided statement outlines the cash flow activities of the company for the fiscal year ending March 31, 2023, compared to the previous year ending March 31, 2022. Here 's a detailed explanation point by point:

1. Operating Activities:

   - Profit Before Tax (PBT): Profit before tax from continuing operations increased from INR 10,041.58 crores in 2022 to INR 7,031.24 crores in 2023, while discontinued operations also increased slightly. Overall, PBT including discontinued operations rose from INR 6,912.29 crores in 2022 to INR 9,913.61 crores in 2023.

   - Adjustments: Various adjustments are made for depreciation, interest income, gains/losses on investments and financial assets, provisions, and changes in operating assets and liabilities.

   - Cash Generated from Operations: Despite an increase in profit before tax, cash generated from operations decreased significantly from INR 7,454.24 crores in 2022 to INR 4,092.32 crores in 2023. This decrease is attributed to changes in operating assets and liabilities, including a decrease in trade receivables and an increase in trade payables.

2. Investing Activities:

   - Payments and Proceeds: Significant outflows were observed in payments for property, plant, and equipment, investments, and acquisition of subsidiaries. However, there were also proceeds from the sale of investments and rental income. The net cash outflow from investing activities decreased from INR 4,185.27 crores in 2022 to INR 3,217.04 crores in 2023.

3. Financing Activities:

   - Dividend Paid: Dividend payments increased from INR 1,224.97 crores in 2022 to INR 2,079.00 crores in 2023.

   - Lease Liabilities: Payments for lease liabilities decreased slightly.

   - Net Cash Outflow: The net cash outflow from financing activities increased from INR 1,258.31 crores in 2022 to INR 2,099.98 crores in 2023.

4. Net (Decrease) / Increase in Cash and Cash Equivalents:

   - The company experienced a significant decrease in cash and cash equivalents from INR 388.11 crores increase in 2022 to an INR 3,582.53 crores decrease in 2023.

   - Cash and cash equivalents at the end of the year decreased from INR 9,557.18 crores in 2022 to INR 5,974.65 crores in 2023.

Financial Ratios of National Stock Exchange Of India Limited:

Here 's an analysis of each parameter:

1. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): The EBITDA margin is 43.57%, indicating a healthy level of operating profitability before accounting for non-operating expenses.

2. Net-worth: Net worth represents a significant portion of the total assets at 44.41%, suggesting that the company 's assets are primarily financed by equity, which can indicate stability and financial strength.

3. Return on Equity (ROE): The return on equity is 43.37%, indicating that the company generated a substantial profit of 43.37% for every unit of equity invested by shareholders. This is a favorable return, suggesting efficient utilization of shareholder funds.

4. Total Assets: Total assets increased by 24.50%, indicating growth in the company 's asset base, which could be attributed to various factors such as investments, acquisitions, or organic growth.

5. Fixed Assets: Fixed assets decreased by -7.53%, which is unusual as it indicates a decrease in long-term productive assets. Further investigation would be needed to understand the reason behind this decrease.

6. Current Assets: Current assets increased by 25.88%, indicating an increase in short-term assets like cash, accounts receivable, and inventory. This could be a positive sign for liquidity and operational flexibility.

7. Current Liabilities: Current liabilities decreased by -21.41%, which is generally positive as it indicates a reduction in short-term obligations such as accounts payable and short-term debt, improving liquidity and financial stability.

8. Trade Receivables: Trade receivables increased by 12.23%, indicating an increase in outstanding receivables. While this could signify growing sales, it also poses a risk if not managed effectively as it ties up cash flow.

9. Trade Payables: Trade payables increased by 36.24%, indicating an increase in the amount owed to suppliers. This could positively impact cash flow and liquidity if managed efficiently.

Dividend History of NSE (National Stock Exchange Of India Limited):

NSE 's Recent Financial Performance

• Revenue from Operations of the company increased by 42.62% from Rs. 8313.13 crores in FY 2022 to Rs. 11,856.23 crores in FY 2023.

• EBITDA of the company increased by 42.57% from Rs. 7222.74 crores in FY 2022 to Rs. 10,297.67 crores in FY 2023.
• Profit after Tax of the company increased by 41.50% from Rs. 5198.29 crores in FY 2022 to Rs. 7355.99 crores in FY 2023.
• The Current Ratio of the company as of 31st March 2023 was 2.13.
• The book value of the company as of 31st March 2023 was Rs. 413.74.